Quarterly report pursuant to Section 13 or 15(d)

Equity Method Investment (Tables)

v3.8.0.1
Equity Method Investment (Tables)
9 Months Ended
Sep. 30, 2017
Equity Method Investment [Abstract]  
Summary of financial information provided to the company by the investee, for the unconsolidated company

    September 30,
2017
    December 31,
2016
 
Current assets   $ 50,443,997     $ 48,488,573  
Noncurrent assets     4,995,203       4,335,801  
Current liabilities     84,592       18,007  
Noncurrent liabilities     -       -  
Equity     55,354,608       52,806,367  

 

    Three Months Ended
September 30,
    Nine Months Ended
September 30,
 
    2017     2016     2017     2016  
Net revenue   $ -     $ -     $ -     $ -  
Gross profit     -       -       -       -  
Loss from operation     36,666       34,811       137,398       125,404  
Net loss     36,667       34,842       137,501       125,477